Floki’s Big Investors Are Betting on NFTFN, Saying It’s the Smart Choice for a Rise to $2 in No Time

Floki investors and holders a great couple of months after its launch in late March 2023. Those months launched it into meme coin fame, but 2023's bear conditions took over, confining it to a period in which it displayed a disappointing performance and did not grow at all. However, it began displaying some fight in the later months of 2023 and utilized that momentum to grow to great appreciation in 2024.

The Floki meme coin has grown over 550% in the past thirty days. Its investors are more than happy with its recent performance. Nevertheless, they are looking at other tokens for various reasons. For one, meme coins are all about hype – market action slowing down can mean disaster because these assets drop in price tremendously. A token driven by real utility can offer a better bet to witness long-term returns.


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Floki Believers Are Including Another Token in Their Portfolios

Floki investors are siphoning their funds to the NFTFN token to derive the most significant returns from this year's bull run. Their insistence on including this token in their investment strategies stems from the massive potential for adoption the platform the token finds utility in possesses.

The NFTFN platform allows users to harness the robust price movements of blue-chip NFT collections through an innovative trading use case. It onboards NFTs from the top 100 collections, adding them to its NFT index. The index observes price movements influenced collectively by the price movements of the NFTs in its basket. Users can trade fractions of the index through perpetual futures contracts.

How the NFTFN Platform Will Push Its Token to the Moon

With this offering, NFT enthusiasts get to create positions with funding as low as $10. The low entry barrier will improve access to the NFT market, attracting individuals previously skeptical of interacting with NFTs. NFT enthusiasts who could not interact with the most popular NFTs because of their high valuations can also trade their favorite assets. This group of NFT enthusiasts was previously restricted to interacting with NFTs that possess low valuations.

The issues they face while doing so are highly detrimental. Most obscure collections do not show robust price actions, leading to users losing their investments due to sudden price crashes. Moreover, such collections can turn out to be rug pull scams, which also leads to users losing their funds. NFTFN changes that by integrating verified top collections.

The platform also offers a relatively stable trading proposition to users by effectively hedging their bets. Interacting with an index of top NFT assets ensures that the dropping prices of a few NFTs in the basket are evened out by others that perform well. NFTFN users will find that their positions show great resilience against the volatility of a few assets in the NFT index.

NFTFN extends its benefits in numerous other ways. It features a DEX that executes all trades on the platform, thereby keeping trading activity decentralized. Centralized corruption will not creep into the trading process. Furthermore, the platform offers a transparent orderbook, which users can look at to check bids and asks lists, verifying that their trades are executed at fair prices and that no price manipulation is involved.

This fair trading process is also observed by assets beyond NFTs on the platform. NFTFN integrates other asset types, too, and users can trade perps of indices dedicated to these assets. The asset types include RWAs, ERC-20 tokens, and Bitcoin Ordinals. While NFTs are NFTFN's heart, it lets users capitalize off various asset types known to perform well. The benefits go on. NFTFN users get to enhance their reward-earning capability by taking advantage of the platform's 10X leverage potential. Simultaneously, they can reduce trading costs thanks to NFTFN's removal of slippage fees.

NFTFN Expected to Hit $2 In the Following Months

A feature-packed platform with a use case that can change the NFT market forever places NFTFN at the forefront of adoption during this crypto bull run. That adoption will inevitably cause its token's price to rise, positioning the NFTFN token to witness tremendous growth from the get-go. Analysts claim the token will reach $2 from its presale price of $0.025 shortly, within the next few months and double-digit valuations by the end of 2024.

About NFTFN

NFTFN is the go-to platform for perpetual trading of diverse assets like Blue-Chip NFTs, Crypto, and Real-World Assets. With a minimum investment of just $10, users can easily take long or short positions on their chosen asset class, catering to traders of all levels.

For more visit:

Website: www.nftfn.xyz

Telegram: t.me/nftfnofficial

Twitter: twitter.com/nftfnofficial